Will record companies eventually disappear or will they morph into something totally unrecognizable?

Anybody have any crystal ball gazingon what the future looks like for "the majors"?]]>

tag:blog.tmcnet.com,2008:/blog/tom-keating//4.36053-comment:36543Comment from Shane Breen on 2008-05-05Shane Breenhttp://www.linkedin.com/nyctelecom
They will never disappear but things are changing quickly within the music industry. They are looking for artists that have done most of the hard work already.

In my off time I do the marketing for an NYC based R&B/Soul Singer-Songwriter by the name of Levar Thomas. I have personally utilized the social networking sites to do most of his promotions. I have also noticed the same trends with major record labels.

It is going to get interesting in the coming years thats for sure. Hopefully things will work out for the better.